Brown Advisory Inc. decreased its position in Clarus Corp (NASDAQ:CLAR) by 0.8% in the fourth quarter, HoldingsChannel reports. The firm owned 1,247,246 shares of the company’s stock after selling 10,136 shares during the quarter. Brown Advisory Inc.’s holdings in Clarus were worth $9,792,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stifel Financial Corp raised its holdings in Clarus by 2.0% in the second quarter. Stifel Financial Corp now owns 20,898 shares of the company’s stock worth $139,000 after purchasing an additional 400 shares in the last quarter. Ameriprise Financial Inc. bought a new position in Clarus in the second quarter worth $146,000. Mesirow Financial Investment Management Inc. bought a new position in Clarus in the fourth quarter worth $247,000. Wells Fargo & Company MN raised its holdings in Clarus by 85.4% in the fourth quarter. Wells Fargo & Company MN now owns 32,995 shares of the company’s stock worth $259,000 after purchasing an additional 15,199 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. bought a new position in Clarus in the second quarter worth $232,000. Institutional investors and hedge funds own 51.45% of the company’s stock.
Clarus Corp (CLAR) opened at $7.20 on Monday. The company has a quick ratio of 1.68, a current ratio of 4.53 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $216.30, a price-to-earnings ratio of -26.67, a price-to-earnings-growth ratio of 0.84 and a beta of 1.45. Clarus Corp has a twelve month low of $5.00 and a twelve month high of $8.00.
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Clarus Corporation, formerly Black Diamond, Inc, through its ownership of Black Diamond Equipment, Ltd., is engaged in designing, manufacturing and marketing of active outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing and a range of other year-round outdoor recreation activities.
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